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Cited by 1,133

The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.

Risk, Financial Markets, and Human Capital in a Developing Country

Jacoby, Hanan G., Skoufias, Emmanuel·1997·The Review of Economic Studies
DOI 10.2307/2971716
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Abstract

This paper explores the link between financial market incompleteness and human capital accumulation. We examine how child school attendance responds to seasonal fluctuations in the income of agrarian households using panel data from rural India. To pinpoint market imperfections, we study responses to aggregate and idiosyncratic, as well as to anticipated and unanticipated, income shocks. Our main finding is that seasonal fluctuations in school attendance are a form of self-insurance, but one which does not result in a substantial loss of human capital on average.

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Metadata

Authors
Jacoby, H. G., & Skoufias, E.
Venue
The Review of Economic Studies
Publisher
Oxford University Press (OUP)
Published
1997-07
Volume
64
Issue
3
Pages
311
ISSN
0034-6527 (ISSN-L)
DOI
10.2307/2971716
OpenAlex
W2064482540
Cited by
1,133
References
4
FWCI
29.00
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Risk, Financial Markets, and Human Capital in a Developing Country. https://app.cochat.ai/papers/10.2307/2971716
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Jacoby, H. G., & Skoufias, E. (1997). Risk, Financial Markets, and Human Capital in a Developing Country. The Review of Economic Studies. https://doi.org/10.2307/2971716

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.